{"id":84914,"date":"2026-04-22T05:30:33","date_gmt":"2026-04-22T12:30:33","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=84914"},"modified":"2026-04-20T12:46:34","modified_gmt":"2026-04-20T19:46:34","slug":"contract-cancellations-march-2026","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/contract-cancellations-march-2026\/","title":{"rendered":"More Than 50,000 Home-Purchase Contracts Fell Through in March"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>13.4% of home-sale agreements that went under contract in March were canceled. House hunters are getting cold feet as costs stay high and economic uncertainty is in the air.\u00a0<\/i><\/strong><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>Contract cancellations are most common in big-time buyer\u2019s markets like San Antonio and Orlando, where home searchers have a lot of options.\u00a0<\/i><\/strong><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>They\u2019re least common in Nassau County, Montgomery County and Milwaukee\u2013three of just five seller\u2019s markets in the U.S.\u00a0<\/i><\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Nearly 53,000 U.S. home-sale agreements fell through in March, equal to 13.4% of homes that went under contract that month\u2013up from 12.5% a year earlier. That\u2019s tied with 2023 as the highest March share on record aside from 2020, when the uncertainty surrounding the start of the pandemic caused many buyers to back out of deals.<\/span><\/p>\n<div id=\"datawrapper-vis-qnYM3\" style=\"min-height: 435px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/qnYM3\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-qnYM3\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/qnYM3\/full.png\" alt=\"Nearly 1 in 7 Homebuying Contracts Canceled in March (Column Chart)\" \/><\/noscript><\/div>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">This is based on a Redfin analysis of MLS pending-sales data. The data is seasonal; typically, there\u2019s a higher share of cancellations at the end of the year and a lower share in the spring. That\u2019s why we compare this March to past Marchs. Please note: Homes that fell out of contract during a given month didn\u2019t necessarily go under contract that same month. This data is subject to revision.\u00a0<\/span><\/p>\n<p><b>There are several reasons home-purchase agreements are falling apart at a higher rate than usual for this time of year:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>It\u2019s a buyer\u2019s market. <\/b><span style=\"font-weight: 400;\">There are <\/span><a href=\"https:\/\/www.redfin.com\/news\/buyers-vs-sellers-march-2026\/\"><span style=\"font-weight: 400;\">600,000 more home sellers<\/span><\/a><span style=\"font-weight: 400;\"> than buyers in the U.S. housing market. That gives buyers negotiating power when they\u2019re entering into a home-purchase agreement with sellers, and it makes it easier for buyers to include contingencies like the inspection contingency, which allows buyers to back out during a certain period, knowing they have plenty of other options. They may cancel a deal because an issue comes up that they don\u2019t want to repair, because they find a house they like better, or because they simply changed their mind.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Housing costs are high. <\/b><span style=\"font-weight: 400;\">Mortgage rates jumped in March, and home-sale prices are rising. Some buyers back out after going under contract when they take a deeper look at their future monthly payments, closing costs and other associated payments.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Economic uncertainty. <\/b><span style=\"font-weight: 400;\">The Iran war is causing turmoil in financial markets and pushing mortgage rates up. It\u2019s also contributing to an air of financial uncertainty for buyers, some of whom are changing their minds about <\/span><a href=\"https:\/\/www.redfin.com\/news\/iran-conflict-homebuying-plans\/\"><span style=\"font-weight: 400;\">making major purchase<\/span><\/a><span style=\"font-weight: 400;\">s as a result.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u201cBuyers are getting cold feet,\u201d said <\/span><a href=\"https:\/\/www.redfin.com\/real-estate-agents\/patricia-ammann\"><span style=\"font-weight: 400;\">Patricia Ammann<\/span><\/a><span style=\"font-weight: 400;\">, a Redfin Premier agent in Arlington, VA. \u201cThere have been layoffs, ups and downs in the market and geopolitical turmoil\u2013and on top of all that, housing costs are still high. Because buyers are considering committing to spending so much money in uncertain times, they\u2019re extremely picky, which is leading some of them to back out before a deal closes.\u201d<\/span><\/p>\n<h3><b>Contract Cancellations Are Most Common in San Antonio and Other Major Buyer\u2019s Markets<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">In San Antonio, 18.7% of home-purchase agreements were canceled in March, the highest share of the 43 major U.S. metros Redfin analyzed. It\u2019s followed by four other Sun Belt metros: Orlando, FL (18.1%), Riverside, CA (18.1%), Atlanta (18%) and Las Vegas (17.8%).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All five of those are big-time <\/span><a href=\"https:\/\/www.redfin.com\/news\/buyers-vs-sellers-march-2026\/\"><span style=\"font-weight: 400;\">buyer\u2019s markets<\/span><\/a><span style=\"font-weight: 400;\">. In San Antonio, for instance, there are more than twice as many sellers as buyers. That allows buyers to back out of one deal and fairly easily move on to the next one.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Contract cancellations are <\/span><i><span style=\"font-weight: 400;\">least <\/span><\/i><span style=\"font-weight: 400;\">common in Nassau County, NY, where just 3.5% of deals fell through in March, the lowest share among the metros Redfin analyzed. Next are Montgomery County, PA (5.7%), Milwaukee (6.1%), New York (7.4%) and Seattle (8.5%).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nassau County, Montgomery County and Milwaukee are three of just five <\/span><a href=\"https:\/\/www.redfin.com\/news\/buyers-vs-sellers-march-2026\/\"><span style=\"font-weight: 400;\">seller\u2019s markets<\/span><\/a><span style=\"font-weight: 400;\"> in the U.S. Buyers in those places are rarely backing out because if they do, it may be tough to find another home.\u00a0<\/span><\/p>\n<h3><b>Cancellations Increased Most in Riverside and Atlanta<\/b><\/h3>\n<h3><b>\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Contract cancellations rose most in Riverside, to 18.1% in March from 15.1% a year earlier. Next come Atlanta, where 18% of contracts were cancelled, up from 15.3%, and Columbus, OH (14.8%, up from 12.2%).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cancellations <\/span><i><span style=\"font-weight: 400;\">declined <\/span><\/i><span style=\"font-weight: 400;\">in 10 metro areas. The biggest decline was in Miami, where 14.5% of homebuying agreements were canceled, down from 16.1%. Next come Cleveland (14%, down from 15.1%), Nassau County (3.5%, down from 4.4%), Milwaukee (6.1%, down from 7%) and Fort Worth, TX (16.2%, down from 17.1%).\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td colspan=\"3\"><b>Metro-Level Summary: Canceled Home-Purchase Agreements, March 2026<\/b><\/p>\n<p><i><span style=\"font-weight: 400;\">43 of the most populous U.S. metro areas<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Redfin analyzed the 50 most populous U.S. metros and included the 43 with sufficient data<\/span><\/i><\/td>\n<\/tr>\n<tr>\n<td><b>U.S. metro area<\/b><\/td>\n<td><b>March 2026: Pending sales that fell out of contract, as % of overall pending sales<\/b><\/td>\n<td><b>March 2025: Pending sales that fell out of contract, as % of overall pending sales<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Anaheim, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.6%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.6%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Atlanta, GA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">18.0%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">15.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Austin, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.9%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Baltimore, MD<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Boston, MA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">9.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Chicago, IL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11.4%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Cincinnati, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.2%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Cleveland, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.0%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">15.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Columbus, OH<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.2%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Dallas, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.6%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Denver, CO<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.6%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Detroit, MI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.9%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Fort Worth, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">17.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Houston, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">15.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Indianapolis, IN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.0%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Jacksonville, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">17.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16.4%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Las Vegas, NV<\/span><\/td>\n<td><span style=\"font-weight: 400;\">17.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">15.7%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Los Angeles, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">15.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.8%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Miami, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Milwaukee, WI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.0%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Minneapolis, MN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">9.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.5%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Montgomery County, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.6%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Nashville, TN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11.6%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Nassau County, NY<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4.4%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">New Brunswick, NJ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">9.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">9.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">New York, NY<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Newark, NJ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">9.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">8.7%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Orlando, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">18.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">17.8%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Philadelphia, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10.2%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Phoenix, AZ<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">15.2%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Pittsburgh, PA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Portland, OR<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.8%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Providence, RI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">7.6%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Riverside, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">18.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">15.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Sacramento, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Antonio, TX<\/span><\/td>\n<td><span style=\"font-weight: 400;\">18.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16.8%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Diego, CA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">14.4%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Seattle, WA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">8.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">8.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Tampa, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">17.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">16.9%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Virginia Beach, VA<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.8%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Warren, MI<\/span><\/td>\n<td><span style=\"font-weight: 400;\">11.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10.5%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Washington, DC<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10.3%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">9.6%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">West Palm Beach, FL<\/span><\/td>\n<td><span style=\"font-weight: 400;\">12.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">13.5%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>National\u2014U.S.A.<\/b><\/td>\n<td><b>13.4%<\/b><\/td>\n<td><b>12.5%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>13.4% of home-sale agreements that went under contract in March were canceled. House hunters are getting cold feet as costs stay high and economic uncertainty is in the air.\u00a0 Contract cancellations are most common in big-time buyer\u2019s markets like San Antonio and Orlando, where home searchers have a lot of options.\u00a0 They\u2019re least common in [&hellip;]<\/p>\n","protected":false},"author":13153,"featured_media":82816,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[20],"coauthors":[124],"class_list":["post-84914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","tag-housing-affordability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>More Than 50,000 Home-Purchase Contracts Fell Through in March<\/title>\n<meta name=\"description\" content=\"13.4% of home-sale agreements that went under contract in March were canceled. 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